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Raisin Interest Rates

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Comments

  • talexuser
    talexuser Posts: 3,553 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    My beef is not informing you when interest rates change. I keep a copy of Snowman's spreadsheet which calculates daily interest and like to keep a tab on what accounts are paying so need the information. Was never informed about the last GB bank move.
  • Doctor_Who
    Doctor_Who Posts: 917 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    Raisin has put the message below on their website (when you login). Currently my accounts are showing the correct interest rates. I have to say I think they could improve their customer communication since it's been over two weeks since this all started.

    Interest rate display errors

    Please note that we are currently experiencing issues with interest rates displayed on your active savings accounts.
    This is solely a display error and does not affect the interest rate that you are earning, which you can view in your account opening confirmation document. We apologise for any inconvenience caused and are working to fix this issue as soon as possible.
    'Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it' - Albert Einstein.
  • VXman
    VXman Posts: 664 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    talexuser said:
    My beef is not informing you when interest rates change. I keep a copy of Snowman's spreadsheet which calculates daily interest and like to keep a tab on what accounts are paying so need the information. Was never informed about the last GB bank move.
    What/where is this spreadsheet? Sounds like it might be useful.
  • talexuser
    talexuser Posts: 3,553 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Interest one has not been available for some time. His platform spreadsheet is here
    https://forums.moneysavingexpert.com/discussion/5583030/coolly-comparing-investment-platform-charges-snowmans-spreadsheet/p1
    Maybe get in touch with him from there?
  • talexuser
    talexuser Posts: 3,553 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Anyone showing any monthly interest from end of June on the GB Bank account?
  • Doctor_Who
    Doctor_Who Posts: 917 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    talexuser said:
    Anyone showing any monthly interest from end of June on the GB Bank account?
    I had that account via Raisin and it took a few working days to show the interest each month. It takes much longer to show accrued interest if you close the account - a few days in to the month following the one in which you close the account, so that can be over 31 days.
    'Compound interest is the eighth wonder of the world. He who understands it, earns it; he who doesn’t, pays it' - Albert Einstein.
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